5240 Fulton, Sherman Oaks, California 91401, Sherman Oaks, 91401 - 3 bed, 3 bath
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Sherman Oaks, California 91401
This Turnkey California Ranch is a Strong Value Opportunity, listed at $1,550,000—positioned slightly above the $1,526,527 Fair Market Value. While the property reflects a premium for its Excellent Condition Rating and high-end renovations, it offers immediate lifestyle value through its Chef-Grade Kitchen and Luxurious Primary Retreat. With a versatile finished garage and seamless indoor-outdoor living, this residence provides a sophisticated, move-in ready environment. It is an ideal acquisition for Owner-Occupants seeking a refined Sherman Oaks sanctuary or discerning professionals prioritizing craftsmanship and privacy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5240 Fulton Subject | $1,550,000* List Price | 3 | 3 | 2,762 | $553 | - |
A 5232 Woodman Avenue Sold | $1,220,000 | 3 | 2 | 1,767 | $690 | 0.5 mi |
B 5249 Ventura Canyon Avenue Sold | $1,380,000 | 3 | 2 | 2,013 | $686 | 0.4 mi |
C 13405 Tiara Street Sold | $1,510,000 | 4 | 2 | 3,059 | $494 | 0.9 mi |
D 13250 Fulton Court Active | $1,550,000 List Price | 4 | 3 | 2,855 | $543 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1955, the property has undergone significant high-quality renovations likely within the 5-15 year range. The kitchen is updated with Caesarstone countertops and professional-grade appliances, and the primary bathroom features a modern spa-like design. The home is well-maintained and move-in ready, with updated systems evidenced by recessed lighting and a mini-split HVAC unit in the finished garage.
The expansive primary suite serves as a true sanctuary, featuring a private fireplace, sitting area, oversized walk-in closet, and a spa-inspired bathroom with high-end finishes.
The kitchen is a standout feature for entertainers, equipped with Caesarstone countertops, a six-burner gas cooktop, and three ovens, offering professional-level functionality.
Beyond the nearly 2,800 square feet of main living area, the finished garage provides exceptional flexibility to be used as a high-end home gym, office, or creative studio.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
A recent $100,000 price reduction and 36 days on the market suggest the property may have faced initial pricing challenges relative to current buyer demand.
While the home is spacious at over 2,700 square feet, the three-bedroom configuration may limit its appeal to larger families who typically expect four or more bedrooms at this price point.
Set behind mature landscaping in the heart of Sherman Oaks, this timeless California ranch offers nearly 2,800 square feet of thoughtfully designed living space, featuring a sprawling primary retreat, expansive entertaining spaces, a chef’s kitchen, and seamless indoor-outdoor living. Rich peg-and-groove hardwood floors and exceptional craftsmanship define the home’s warm and inviting interiors. Designed for both everyday comfort and entertaining, the spacious great room combines the family and dining areas around a fireplace and stylish bar with beverage refrigerator, opening directly to a covered brick patio and built-in BBQ. The formal living room offers a second gathering space with fireplace, custom built-ins, and direct access to multiple outdoor living areas. The chef’s kitchen is both functional and inviting, appointed with Caesarstone countertops, abundant cabinetry, generous prep space, a six-burner gas cooktop, three ovens, pantry storage, and a sunlit breakfast area. The expansive primary suite is a true retreat, complete with fireplace, sitting area, oversized walk-in closet, direct backyard access, and a spa-inspired bath with dual vanities, soaking tub, and oversized glass-enclosed shower. Two additional bedrooms and well-appointed baths provide comfortable accommodations for family, guests, or flexible work-from-home living. Outside, the private backyard is designed for quintessential California living, featuring a covered brick patio, built-in BBQ, lush grassy lawn, and mature landscaping—ideal for al fresco dining, entertaining, or quiet daily enjoyment. The finished garage offers exceptional versatility as a gym, office, studio, or creative workspace. A gated Sherman Oaks residence combining privacy, scale, craftsmanship, and timeless California living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,762 | 2,347 |
| Lot Size | 7,672 | 8,485 |
| Price | $1.55M | $1.81M |
| Price per sq ft | $561 | $827 |
| Built year | 1955 | 1956 |
| HOA | $0 | $0 |
| Days on market | 41 | 58 |
Jul 16, 2026
$1,550,000
$1,650,000
-6% Price Drop
Initial Listing
Jun 11, 2026
$1,650,000
Initial Listing
Sep 28, 2022
$1,520,000
Public Record